Tag Archives: Won
Japan’s Core Inflation Cools Unexpectedly, U.S. Acknowledges Japan and South Korea’s Currency Woes
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Japan’s core consumer price index, which excludes fresh food but includes fuel costs, rose 2.6% year-over-year in March 2024, decelerating from a four-month high of 2.8% in February. Despite the slowdown, the core inflation rate remained above the Bank of Japan’s (BOJ) 2% target for the 24th consecutive month. The deceleration was attributed to mild […]